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Global Cataract Surgical Devices Market Propelled by Healthcare Initiatives

Added: (Wed Jun 06 2018)

Pressbox (Press Release) - The global cataract surgical devices market has experienced a moderate growth, over the recent years. Some of the factors which are providing impetus to the market include constant support from the government, changing lifestyles, rise in geriatric population and technological advancements. Cataract refers to the clouding of the eye’s lens which results in the blurring of the vision. It develops gradually and may affect one or both the eye. Some of the symptoms of cataract include colour fading, blurring vision, appearance of halos near lights, discomfort due to bright lights, night blindness, etc. Cataract cannot be rectified with contact lenses or glasses and only a surgery can eradicate the clouded lens by replacing it with an artificial lens. A new research report by IMARC Group, titled “Cataract Surgical Devices Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2018-2023” estimates that the global cataract surgical devices market was worth US$ 6.8 Billion in 2017. The report further anticipates the market to cross US$ 8.5 Billion by 2023, at a projected CAGR of 3.8% over the forecast period.

Submitted by:kanika sharma
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